METROFILE HOLDINGS LIMITED - Further cautionary announcement

Further cautionary announcement

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1983/012697/06
JSE ordinary share code: MFL
ISIN: ZAE000061727
(‘‘Metrofile’’ or the “Company’’)

BID FOR METROFILE AND FURTHER CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the announcement released on the Johannesburg Stock
Exchange News Service (“SENS”) on 23 July 2020.

Metrofile expects to release its results for the year ended 30 June 2020 on SENS on
or about 14 September 2020. The announcement will include commentary on current
and expected trading and the normalisation of Metrofile's revenues post the lockdown
period.

The Housatonic Consortium has indicated that their executives will travel to South
Africa to refresh and complete their due diligence with a view to further engaging the
Metrofile Board on the proposed transaction, but cannot do so until international travel
restrictions to South Africa have been lifted.

Shareholders are advised to continue exercising caution in trading in Metrofile shares.

Illovo
3 September 2020

Sponsor: The Standard Bank of South Africa Limited

Date: 03-09-2020 05:10:00
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